Fidelity will not provide immigration sponsorship for this position. Job Description: The Team The Corporate Treasury Bank Strategy team supports Fidelity Investments holding company, FMR LLC and its private equity and venture capital arm, Devonshire Investments (DI) on banking services including payment technology, internal and external credit facilities, and oversight of FMR’s portfolio of minority investments in banks. The position reports to the SVP Bank Strategy Technology Services and requires extensive interaction with senior leaders from across the company. The Expertise and Skills You Bring Ability to oversee a portfolio of minority investments in banks, pursuing the interests of FMR, LLC. Ability to deepen and build FMR’s external private and public banking relationships. Knowledge that would enable you to contribute to or lead the structuring of credit facilities, loan agreement negotiations, as well as deposit placements with banks. Deep understanding of financial services and banking business models and regulatory constructs. Understanding of the fintech landscape. The Role Responsible for being the Treasury point of contact for FMR LLC’s private banking relationships. Provide oversight, controls, and management for all Bank Administration activities for private bank partners as appropriate. Partner with business units to determine optimal use of our private bank partners’ balance sheets. Facilitate investments in new private bank partners in coordination with Corporate Development, including price negotiation, due diligence, legal document negotiations, and the preparation of collateral used to see approval for investments. Provide strategic direction and oversight to Fidelity’s private bank performance management program. Ensure that the bank assessment system continues to meet appropriate stakeholder requirements and enhance as appropriate. Oversee development and maintenance of comprehensive reporting suite to ensure reports provide target audiences with a proper level of reporting (senior management, operations management, day-to-day personnel both internal and external) Ensure appropriate participation across the organization. Monitor Fidelity product overlaps with private bank partners to ensure we are optimizing our engagement with the banks (including bundling). Provide oversight of the portfolio of minority investments in banks. Monitor financial performance of our private bank investments. Coordinate new product development with relevant groups across FMR. Execute launch or implementation of new products, including all required legal documents, establishment of processes, etc. Track performance of various products launched with our private bank partners. Ensure appropriate FMR governance (e.g., Board seats, quarterly CFO calls). Create a forum where our bank portfolio companies could engage with each other to share best practices/ideas. Address audit and risk findings and to develop adequate controls and policies and procedures in response. Monitor reliance on bank partners, their exposure to changes in the financial markets and develop contingency plans for extreme financial market conditions. Coordinate with the Treasury Risk, Treasury Operations, Technology Risk Management, AI Innovation, and Human Resources teams to help implement improvements and upgrades to key systems and work with bank partners to address new technology implementations. Fidelity’s Onsite Working Model Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles. The base salary range for this position is $130,000-$264,000 per year. Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors. Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation. We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted. Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories. Certifications: Category: Finance At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to [email protected], or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact [email protected] For roles based in Germany: Contact [email protected] Fidelity Privacy Policy

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